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Car Wash

Abs. Net 20Yr Car Wash w/ Largest Operator in AR | New Premium Little Rock Site | Bonus Depreciation

250 E Centerton Blvd, Centerton, AR 72719

Listing Price: $5,950,000

Cap Rate
7.00%
Tenant Name
Splash Car Wash
Years Remaining On Lease
20.2
Gross SF
5,968
Guarantor
Corporate Guarantee
Rentable SF
5,968
Price/Gross SF
$996.98
Lease Type
Absolute Net
Rent Per Square Feet
$69.79

Investment Overview

A fast-growing suburban community in the heart of Northwest Arkansas, Centerton is a strategically positioned approximately six miles west of Bentonville. With a population of over 19,000 residents, Centerton has experienced rapid growth due to its proximity to Bentonville and the region’s economic drivers, such as Walmart, Tyson Foods, and J.B. Hunt, which are headquartered nearby. Centerton provides a quieter suburban lifestyle while still offering residents easy access to major employment hubs and urban amenities. Centerton has seen substantial residential development in recent years, with new housing communities catering to the influx of families and professionals moving to the area. The city’s location along Arkansas Highway 102 and its proximity to Interstate 49 make it an ideal commuter town, offering convenient access to Bentonville, Rogers, and other key areas within Northwest Arkansas.

Investment Highlights

  • 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases throughout the Initial Term and Options. Brand New 2025 High Quality Construction.
  • Positioned Along Area's Traffic and Retail Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 24k Vehicles.
  • Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success: The Car Wash Business is a Highly Segmented $15 Billion Industry that is growing at 3.2% Annually.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Retail & Housing Developments / Under Construction.
  • Splash Car Wash is the Largest and Rapidly Growing Car Wash Operator in the State of Arkansas with over 40k Members and performs 750k+ Washes Annually. The Lease Offers Full Personal and Corporate Guaranty from a Guarantor worth over $25 Million.
  • Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model. Recommend Consulting your Accountant or Tax Advisor.
  • Densely Populated & Affluent Area: Features an Average Household Income of $121k+ within a 3-Mile Radius and over 80k People Residing within a 5-Mile Radius.
  • Minutes from Walmart Global HQ - 350+ Acre Campus to support 14,000+ Employees - Recently unveiled Plans to fully Redevelop into a Campus with 12 Office Buildings, along with Amenity Buildings, Parking Decks & Surface Lots. Down the Street from Bentonville Municipal Airport - a Public-Use Airport Serving General Aviation, offers Flight Training, and has a Scenic Runway. The Airport has 32,300 Aircraft Operations Annually.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Steve Greer

    First Vice President Investments

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Car Wash

Abs. Net 20Yr Car Wash w/ Largest Operator in AR | New Premium Little Rock Site | Bonus Depreciation

Listing Price: $5,950,000

Cap Rate
7.00%
Tenant Name
Splash Car Wash
Years Remaining On Lease
20.2
Gross SF
5,968
Guarantor
Corporate Guarantee
Rentable SF
5,968
Price/Gross SF
$996.98
Lease Type
Absolute Net
Rent Per Square Feet
$69.79

Investment Highlights

  • 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases throughout the Initial Term and Options. Brand New 2025 High Quality Construction.
  • Positioned Along Area's Traffic and Retail Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 24k Vehicles.
  • Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success: The Car Wash Business is a Highly Segmented $15 Billion Industry that is growing at 3.2% Annually.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Retail & Housing Developments / Under Construction.
  • Splash Car Wash is the Largest and Rapidly Growing Car Wash Operator in the State of Arkansas with over 40k Members and performs 750k+ Washes Annually. The Lease Offers Full Personal and Corporate Guaranty from a Guarantor worth over $25 Million.
  • Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model. Recommend Consulting your Accountant or Tax Advisor.
  • Densely Populated & Affluent Area: Features an Average Household Income of $121k+ within a 3-Mile Radius and over 80k People Residing within a 5-Mile Radius.
  • Minutes from Walmart Global HQ - 350+ Acre Campus to support 14,000+ Employees - Recently unveiled Plans to fully Redevelop into a Campus with 12 Office Buildings, along with Amenity Buildings, Parking Decks & Surface Lots. Down the Street from Bentonville Municipal Airport - a Public-Use Airport Serving General Aviation, offers Flight Training, and has a Scenic Runway. The Airport has 32,300 Aircraft Operations Annually.

Investment Overview

A fast-growing suburban community in the heart of Northwest Arkansas, Centerton is a strategically positioned approximately six miles west of Bentonville. With a population of over 19,000 residents, Centerton has experienced rapid growth due to its proximity to Bentonville and the region’s economic drivers, such as Walmart, Tyson Foods, and J.B. Hunt, which are headquartered nearby. Centerton provides a quieter suburban lifestyle while still offering residents easy access to major employment hubs and urban amenities. Centerton has seen substantial residential development in recent years, with new housing communities catering to the influx of families and professionals moving to the area. The city’s location along Arkansas Highway 102 and its proximity to Interstate 49 make it an ideal commuter town, offering convenient access to Bentonville, Rogers, and other key areas within Northwest Arkansas.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Steve Greer

    First Vice President Investments

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

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